Long-time market Perma-Bull Edward Yardeni is concerned stocks are getting too expensive… Blackstone strategist Joseph Zidle : The ‘mother of all bubbles’ could blow up the economy if profits don’t improve
Long-time market bull Edward Yardeni is concerned stocks are getting too expensive. If the S&P 500 forward earnings multiple ticks to 19 or 20, the Yardeni Research president warns a it could spark a “nasty correction.” Right now, the index is at 17. The historic norm is 15 to 16. “I just don’t want too … Read more